$DOGE

1. Current Situation Analysis:

- DOGE is in a strong upward trend, breaking out of the accumulation zone 0.37-0.40

- RSI is at 65-70, approaching the overbought zone

- MACD gives a positive signal with the MACD line crossing above the signal line

- Trading volume surged in the most recent session

2. Money Flow Analysis:

- Net money flow is -12.29M DOGE in the last 24 hours

- Long/Short Ratio:

+ Long accounts for 45.93% (25.93% + 20.40%)

+ Short accounts for 26.73% (19.63% + 7.10%)

- The Long ratio is significantly higher than Short, posing a risk of short-term squeeze

3. Trading Scenarios:

Scenario 1 - Correction (probability 60%):

- DOGE may correct back to test the zone 0.37-0.40

- Reasons:

+ RSI near the overbought zone

+ Net money outflow

+ High Long ratio, easy to trigger profit-taking

- Correction target: 0.37-0.38

- Strong support: 0.35

Scenario 2 - Continue to Rise (probability 40%):

- DOGE may test the zone 0.48-0.50

- Drivers:

+ Positive MACD

+ Strong momentum

+ Large trading volume

4. Trading Proposal:

Short at the current price range:

- Entry: 0.44-0.45

- Take profit 1: 0.40 (40% size)

- Take profit 2: 0.37 (60% size)

- Stop loss: 0.48

- R/R ratio = 2:1

Risk Management:

- Only use 2-3% of capital for this position

- Split the order into 2-3 smaller orders

- Trailing stop when the price corrects

- Set OCO orders to protect profits

5. Key Points to Note:

- Monitor BTC fluctuations as it has correlation

- Pay attention to news about Elon Musk/Twitter that may affect

- Sudden volume spikes may signal a reversal

- Overbought RSI may trigger a correction

You should closely monitor developments in the next 4-6 hours to:

- Confirm the correction trend

- Adjust stop loss and take profit

- Cut losses timely if the trend reverses